Government Cash Management

I can offer: policy advice, project management, training and mentoring covering:

Passive and active cash management strategies
- International practice [Presentation]
- Managing the Treasury Single Account
- Smoothing cash flows; rough tuning and fine tuning
- Short-term borrowing and lending strategies
Cash forecasting [Note on Forecasting in UK]
- Database requirements
- Techniques and information availability
Interaction with budget policy and execution, and monetary policy
- Co-ordination with fiscal policy; budget planning and budget execution
- Information flows
- Co-ordination with monetary policy; respective responsibilities with central bank; day-to-day interaction, including end-of-day balancing of accounts
- MOUs and service level agreements with central bank
Money market development
- Range of instruments
- Building bill and repo markets
- Co-ordination with central bank and financial regulators.

Relevant Publications

Mike Williams: "Government Cash Management: Good and Bad Practice"
View pdf